Magmatic Resources

Magmatic Resources ROCE

The Return on Capital Employed (ROCE) of Magmatic Resources (MAG.AX) as of Oct 16, 2026 is -72.94 %. In the previous year, Return on Capital Employed (ROCE) was -24.82 % — a change of 193.89% (lower).

ROCE

-72.94 %

YoY

193.89%

Last updated:

In 2026, Magmatic Resources's return on capital employed (ROCE) was -72.94 %, a 193.89% increase from the -24.82 % ROCE in the previous year.

The Magmatic Resources ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2019
-129.70 AUD
Jan 1, 2020
-77.35 AUD
Jan 1, 2021
-65.82 AUD
Jan 1, 2022
-45.96 AUD
Jan 1, 2023
-176.88 AUD
Jan 1, 2024
-33.75 AUD
Jan 1, 2025
-24.82 AUD
Jan 1, 2026
-72.94 AUD
The Magmatic Resources ROCE history
YEARROCEYoY
-72.94 %+193.89%
-24.82 %-26.47%
-33.75 %-80.92%
-176.88 %+284.85%
-45.96 %-30.17%
-65.82 %-14.91%
-77.35 %-40.37%
-129.70 %+12.49%
-115.30 %+36.17%
-84.67 %-255.57%
54.43 %-41.20%
92.57 %-77.03%
403.07 %—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Get Free API Key

Magmatic Resources Stock analysis

What does Magmatic Resources do? Magmatic Resources Ltd is a company listed on the Australian Securities Exchange under the ticker MAG.AX. It operates in the Materials sector, specifically within the Metals & Mining industry. Headquartered in Nedlands, Western Australia, the company focuses on mineral exploration activities. Magmatic Resources completed its initial public offering (IPO) on May 19, 2017. The company manages several exploration projects, including the Wellington North Project, the Parkes Project, and the Myall Project. The Wellington North Project is situated in the northern extension of the Molong Volcanic Belt. The Myall Copper-Gold Project is located approximately 50 kilometers north and along strike from the Northparkes copper-gold Mining District, within the Ordovician Narromine Igneous Complex, which is part of the Junee-Narromine Volcanic Belt. This project encompasses a single contiguous tenement of 244 square kilometers (EL6913). The Parkes Project consists of two exploration licenses positioned within the Parkes Fault Zone, about 25 kilometers south of Alkane’s Tomingley Gold Operations. The company's website is https://magmaticresources.com/. Magmatic Resources is engaged in the exploration of mineral resources, with a focus on identifying and developing potential mining sites in Western Australia and surrounding regions. Magmatic Resources is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Magmatic Resources's Return on Capital Employed (ROCE)

Magmatic Resources's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Magmatic Resources's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Magmatic Resources's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Magmatic Resources’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Magmatic Resources stock

Return on Capital Employed (ROCE) of Magmatic Resources is -72.94 % in 2026.

Return on Capital Employed (ROCE) of Magmatic Resources changed from -24.82 % to -72.94 %, representing a 193.89% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Magmatic Resources since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Magmatic Resources with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Get Free API Key

Profitability — Magmatic Resources

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Magmatic Resources